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David Finch: Chinese Investors Influencing the Gold Action and News from the Producers
David Finch: Chinese Investors Influencing the Gold Action and News from the Producers
ratings:
Length:
23 minutes
Released:
Mar 12, 2024
Format:
Podcast episode
Description
n this conversation, David Finch provides market commentary on gold and its relationship with equities. He discusses the factors driving the gold price, including central bank buying and individual buying in China. He also explains the impact of synchronized buying and short covering on the gold price. Finch highlights the challenges faced by large gold producers with complex operations and suggests that simpler operations produce better and more visible cash flows. He discusses Calibre Mining's efforts to decrease jurisdictional risk and their inclusion in the GDX. Finch also comments on Rupert Resources' bid for B2 Gold's interest in Orion Resources and AngloGold Ashanti's resource update in Nevada. Overall, he notes that there is still some pessimism in the gold market despite recent rallies.
Released:
Mar 12, 2024
Format:
Podcast episode
Titles in the series (100)
Mining Stock Daily - July 25 2018 by Mining Stock Daily